Senior Analyst
- The Lightstone Group

As one of the largest and most diversified privately held real estate companies in the United States, Lightstone is active in 21 states across the country, developing, managing and investing in all sectors of the real estate market, including residential, hospitality, commercial and retail. Headquartered in New York City, Lightstone also maintains a presence in key markets across the country, with regional offices in Chicago, Baltimore, Detroit, New Jersey, and Las Vegas. In addition, the firm has a development pipeline of over $2.5 billion including over 1,600 multifamily units and three Marriott hotels.

About the Position

This position is full time based out of our Lakewood, NJ office five days a week.

We are looking to hire a Senior Analyst to assist in all aspects of property-level operating activities and strategies for the Company’s growing residential portfolio of over 12,000 multi-family units across several states including NY, NJ, PA, MI, IL, VA, MD, MA. Responsibilities include financial review and reporting, revenue management, and assisting with oversight of third party property management firms. The Senior Analyst will also work actively with the Acquisitions team to assist with new acquisitions and in the due diligence process.

Analyze income statements or prepare other analyses related to maximizing revenues and minimizing expenses that lead to strategies to improve asset performance.

Produce ad-hoc analyses to evaluate the performance of assets. Analyze and identify opportunities for value enhancement, improving cash flow within the portfolio including dispositions, refinancing and lease transactions.

Assist third-party property Management Company in transitioning new acquisitions into portfolio.

Assist with due diligence on new acquisition

Use revenue management software drive revenue and make appropriate pricing adjustments on a weekly basis

Position may be required to perform duties outside the normal responsibilities as needed and when requested.

The ideal candidate has experience in multifamily asset management, is analytical, deciphering financial data to effectively review and evaluate residential investment opportunities and to assess and help drive the performance of individual residential assets in Lightstone’s portfolio. The ideal candidate is able to work independently with minimal supervision and is able to thrive in an environment that is highly entrepreneurial, both strategic and creative, and which requires rapid learning, multitasking and prioritizing under tight deadlines.

Qualifications:

Degree preferably with a concentration in Real Estate, Finance, or Business-related degree (advanced degree preferred but not essential)

Minimum 4-5 years of relevant experience in multi-family asset management across a national / multi-state portfolio.

Competencies:

Understanding of multifamily rental properties across different markets.

Solid understanding of multifamily operations and capital improvement projects; and the ability to increase revenue.

Ability to understand investment risks and methods used in structuring investments.

Able to read and interpret complex business documents including leases, financial reports, and contracts.

Effective presentation and communication skills, both verbal and written.

Highly organized, detail-oriented, motivated, and able to multi-task effectively in a deadline driven environment while maintaining strict attention to detail.

MUST be willing to travel.

Application Process – In order to be considered for this position, please send your resume and salary requirements to the email listed and reference “Senior Analyst” and your name in the subject line (ex: Senior Analyst– John Smith).